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UTC-Rockwell Deal Sign of Consolidation Wave

Tim Mahoney, president and CEO of Honeywell Aerospace, knows what he will do now that the $30 billion takeover of Rockwell Collins by United Technologies Corp. (UTC) has been formally announced. In fact, he knew long before rumors of the UTC-Rockwell tie-up emerged in August.
“How I look at this is very similar to the day or couple of days after I read that United Technologies was going to acquire Goodrich” in 2012, Mahoney says. “We had a playbook relative to how we would ...

Join the webinar to unlock the potential benefits of digital twins for independent MRO service providers, leverage the technology to better serve customers, differentiate service offerings and increase understanding of the specialist assets....More

The aerospace industry is under constant pressure to contain costs. Original equipment manufacturers (OEMs) are placing new demands on suppliers to cut prices or risk losing business to competitors....More

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